PacWest Bancorp

Type: Company
Name: PacWest Bancorp
First reported 3 hours ago - Updated 3 hours ago - 1 reports

Stark honored for best paper at PacWest

Olaf Stark of Canfor Pulp was granted the H.R. MacMillan Annual Memorial Award for the best technical paper presented at the 2014 PacWest conference.The annual event was held in May 28-31 in Jasper, Alta. More than 200 delegates took in a program densely ... [Published Pulp & Paper Canada - 3 hours ago]
First reported 9 hours ago - Updated 9 hours ago - 1 reports

City OK’s Pioneer water deal

The Odessa City Council on Tuesday unanimously approved a long-term deal with Pioneer Natural Resources to sell wastewater to the company for oilfield production.The arrangement that will net the city about $100 million to seek new drinking water sources ... [Published OA Online - 9 hours ago]
First reported 9 hours ago - Updated 9 hours ago - 1 reports

Fellow Lenders Save East L.A’s Pan American Bank

More than a dozen West Coast banks, including eight in Los Angeles County, pumped $6 million of new capital into East L.A. lender Pan American Bank, which was on the verge of being shut down by regulators.The bank, which hasn’t been profitable since 2005, ... [Published Los Angeles Business Journal - 9 hours ago]
First reported Jul 22 2014 - Updated 18 hours ago - 3 reports

PacWest Bancorp Reports Net Earnings of $10.6 Million for Second Quarter

on Tuesday announced net earnings for the second quarter of 2014 of $10.6 million, or 10 cents per diluted share, compared with net earnings for the first quarter of 2014 of $25.1 million, or 55 cents per diluted share.When certain income and expense ... [Published Noozhawk.com - 18 hours ago]
First reported Jul 22 2014 - Updated 22 hours ago - 3 reports

PacWest Bancorp Q2 Net Profit Advances, Beats Estimates - Quick Facts

Bank holding company PacWest Bancorp (PACW: Quote) Tuesday reported a rise in second-quarter net earnings amid a significant increase in interest income. Earnings also surpassed analysts' estimates.For the three months to June, net earnings rose to $10.6 ... [Published RTTNews.com - 22 hours ago]
First reported Jul 21 2014 - Updated Jul 22 2014 - 3 reports

Halliburton profits up on U.S. demand

Halliburton Co., the world’s largest provider of hydraulic fracturing services, said it has seen demand for fracking in North America turn a corner and the company is adding crews as the industry burns through excess capacity that had depressed price ... [Published News-Journal - Jul 22 2014]
First reported Jul 20 2014 - Updated Jul 20 2014 - 1 reports

Home building ramps up in Bend

Plans filed in Bend for subdivisions in the past year include:Aspen Reserve• 65 single-family homes and 81 multi-family units on 20 acres• Bounded by Alstrup and Brosterhous roads and the Central Oregon Irrigation District canal• Seeking city approval ... [Published Bend Bulletin - Jul 20 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 1 reports

Schlumberger fails to impress as CEO sees mixed outlook

DAVID WETHEHOUSTON (Bloomberg) -- Schlumberger’s 11th consecutive quarter of beating analysts’ earnings estimates failed to impress investors as the largest oilfield servicer said the world’s economic situation will be slow to change.“The overall global ... [Published World Oil - Jul 18 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 1 reports

PacWest Bancorp Given Average Rating of “Buy” by Analysts (NASDAQ:PACW)

PacWest Bancorp (NASDAQ:PACW) has received an average rating of "Buy" from the ten brokerages that are covering the company, . One research analyst has rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month ... [Published American Banking News - Jul 18 2014]
First reported Jul 17 2014 - Updated Jul 17 2014 - 1 reports

Schlumberger Earnings Climb as U.S. Fracking Demand Rises

Schlumberger Ltd.Excluding one-time items, Schlumberger earned $1.37 a share in the second quarter, beating the $1.36 average of 31 estimatesThe average number of drilling rigs active on land rose 5.6 percent in the U.S. to 1,781 in the quarter, according ... [Published BusinessWeek - Jul 17 2014]
First reported Jul 16 2014 - Updated Jul 17 2014 - 1 reports

PacWest Bancorp Shares Sinking Lower, Down 1.5%

PacWest Bancorp (NASDAQ:PACW), a company whose shares are moving quickly, is trading 1.5% lower to $42.10. The Dow is up 0.4% to 17,124 and the S&P is currently up 0.3% to 1,98 ... [Published Individual.com - Jul 16 2014]
First reported Jul 17 2014 - Updated Jul 17 2014 - 1 reports

Weakness Seen in First Republic (FRC): Stock Tanks 15.1%

First Republic Bank ( FRC ) saw a big move last session, as the company’s shares fell by over 15% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, ... [Published Yahoo! Finance - Jul 17 2014]

Quotes

...about raising fresh capital and re-launching our bank," said Mona Bañuelos, trustee of the Bañuelos Trust and a long time director of the bank. "My mother founded this bank with the dream of providing vital services to our under-served communities. It is heartwarming to see major regional banks coming together to help restore our bank's financial strength." The Bañuelos Family Trust remains the largest shareholder of Pan American Bank
...of $143 million, and significant progress in meeting our deposit transformation and cost savings targets," said Matt Wagner, president and CEO. "Our loan fundings were strong across both divisions, with the national lending platform embodied in the CapitalSourcedivision originating $745 million in loans and leases and our CommunityCommunity Bank division originating $137 million in loans. Loan refinancings by other lenders at liberal pricing metrics continued, and the improving economy in our market areas enabled borrowers to either sell their properties or use excess cash balances to reduce outstandings. Nevertheless, our pipelines are robust and we expect continued high levels of loan and lease fundings."
Vic Santoro, Executive Vice President and CFO, stated, "Our core net interest margin was 5.74% for the quarter, right about where we expected it to be. We have made great strides in reaching our cost savings targets, with our adjusted efficiency ratio at 43%. Our Deposit Solutions Team, which concentrates on generating core deposits from legacy CapitalSource borrowers, has achieved significant success so far with new core deposits of $95 million and a pipeline of almost $175 million. Overall, organic core deposit growth was $200 million in the second quarter, and our teams remain focused on gathering new deposits from all sources."
...[in the fracking industry], and it's a great opportunity right now in the USA," Barron's Editor Jack Otter said in a video interview today. "And this mess in Russia, to me, only boosts the domestic fracking industry because the Europeans would like nothing more than to get out natural gas so they don't have to rely on all those pipelines."

More Content

All (77) | News (54) | Reports (0) | Blogs (10) | Audio/Video (0) | Fact Sheets (0) | Press Releases (13)
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Stark honored for best paper at PacWest [Published Pulp & Paper Canada - 3 hours ago]
City OK’s Pioneer water deal [Published OA Online - 9 hours ago]
Fellow Lenders Save East L.A’s Pan American Bank [Published Los Angeles Business Journal - 9 hours ago]
Pan American Bank Receives $6.3 Million from Le... [Published TVNewsCheck - 11 hours ago]
PacWest Bancorp Reports Net Earnings of $10.6 M... [Published Noozhawk.com - 18 hours ago]
Halliburton Has Good Q2, Will Expand Pressure P... [Published Trefis - 20 hours ago]
PacWest Bancorp Q2 Net Profit Advances, Beats E... [Published RTTNews.com - 22 hours ago]
PacWest Bancorp (PACW) Releases Quarterly Earni... [Published American Banking News - 22 hours ago]
PacWest Bancorp Announces Results for the Secon... [Published Virtual Strategy Magazine - Jul 22 2014]
PacWest Bancorp beats by $0.02, beats on revenue [Published Seeking Alpha - Jul 22 2014]
PacWest Bancorp Announces Results for the Secon... [Published GlobeNewswire: Advertising News - Jul 22 2014]
PacWest Bancorp Announces Results for the Secon... [Published Benzinga.com - Jul 22 2014]
Halliburton profits up on U.S. demand [Published News-Journal - Jul 22 2014]
Why Halliburton Earnings Lifted Its Stock [Published Money Morning - Jul 22 2014]
Halliburton adding to North American fracking c... [Published Fort Worth Business Press - Jul 21 2014]
Halliburton to add North American fracking crews [Published North Jersey.com - Jul 21 2014]
Home building ramps up in Bend [Published Bend Bulletin - Jul 20 2014]
Schlumberger fails to impress as CEO sees mixed... [Published World Oil - Jul 18 2014]
PacWest Bancorp Given Average Rating of “Buy” b... [Published American Banking News - Jul 18 2014]
Schlumberger Earnings Climb as U.S. Fracking De... [Published BusinessWeek - Jul 17 2014]
Banc of California, Advocacy Group Spar Over CR... [Published Bank Investment Consultant - Jul 17 2014]
Weakness Seen in First Republic (FRC): Stock Ta... [Published Yahoo! Finance - Jul 17 2014]
Exxon to Daimler Eye Russia Risk in Face of Esc... [Published Washington Post - Jul 16 2014]
PacWest Bancorp Shares Sinking Lower, Down 1.5% [Published Individual.com - Jul 16 2014]
Keeping Score // 26 Years Of Meeting Good Sports [Published MidWeek - Jul 16 2014]
PacWest Bancorp Receives Average Rating of “Buy... [Published American Banking News - Jul 14 2014]
Sherwin Named PacWest Female Scholar-Athlete of... [Published KCSG 4 - Jul 11 2014]
iStreamMedia Acquires PacWest Media [Published Radio Magazine - Jul 10 2014]
Bank profits looking gloomy, and here's why [Published CNBC - Jul 10 2014]
Regional Banks Stocks Scanner -- Research on Fu... [Published Nasdaq - Jul 10 2014]
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Blogs

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Regional Banks Stocks Scanner -- Research on Fu... [Published PR Newswire: Financial Services - Jul 10 2014]
LONDON, July 10, 2014 /PRNewswire/ --On Wednesday, July 09, 2014, the NASDAQ Composite ended at 4,419.03, up 0.63%, the Dow Jones Industrial Average finished the day 0.47% higher at 16,985.61, and the S&P 500 closed at 1,972.83, up 0.46%. The gains were ...
North America Drilling and Completion activity ... [Published PR Newswire: Policy & Public Interest - May 29 2014]
HOUSTON, May 29, 2014 /PRNewswire/ -- The North American market for hydraulic fracturing services will see strong growth through 2016 due to robust D&C activity, with moderate pricing increases expected in 2014, according to just-published analysis from ...
Fitch Assigns 'BB+' IDR to PacWest Bancorp; Upg... [Published Business Wire Professional Services News - Apr 08 2014]
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned long- and short-term Issuer Default Ratings (IDRs) to PACW and its main bank subsidiary, Pacific Western Bank of 'BB+/B'. The Rating Outlook is Stable. Additionally, Fitch has upgraded and withdrawn ...
KBW Announces Changes to Weighting of PACW in KRX [Published EON Business - Apr 03 2014]
NEW YORK--(EON: Enhanced Online News)--Keefe, Bruyette & Woods, Inc., a full‐service, boutique investment bank and broker‐dealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces ...
KBW Announces Changes to Weighting of PACW in KRX [Published EON Communications - Apr 03 2014]
NEW YORK--(EON: Enhanced Online News)--Keefe, Bruyette & Woods, Inc., a full‐service, boutique investment bank and broker‐dealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces ...
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Press Releases

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PacWest Bancorp Announces Results for the Secon... [Published GlobeNewswire: Advertising News - Jul 22 2014]
Stock Watchout on Financial Sector -- Research ... [Published Financial Services - Jun 04 2014]
Property Acquisitions, Dividends, Fund Launches... [Published Financial Services - Jun 02 2014]
PacWest Bancorp Announces Quarterly Dividend [Published GlobeNewswire: Acquisitions News - May 14 2014]
Technical Roundup on Banking Equities -- Resear... [Published Financial Services - May 09 2014]
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